Tuesday July 16th, 2013 - 4:28PM
PHILADELPHIA—Arden Group has acquired the 253-room DoubleTree Suites by Hilton Philadelphia West from the lender, an affiliate of LNR.
The property features more than 8,000 sq. ft. of meeting space, an indoor pool, whirlpool, fully equipped fitness center, business center and onsite dining options.
Arden will invest $6M into the hotel to renovate guestrooms and public spaces and to add a new restaurant, which will be completed in Fall 2014.